American billionaire George Soros predicted the end of the European Union because of the coronavirus. He believes that during the pandemic it became clear: the EU is an “inferior union”, noting that due to the rule of justice, the union of European countries is more vulnerable than the United States. Soros also stressed that the pandemic could fundamentally change the face of capitalism around the world.
Soros also commented on the fact that the German Constitutional Court threatened the withdrawal of the German central bank from the ECB, if the ECB fails to explain the proportionality of its program to purchase government bonds, reports Daily Mail. According to the billionaire, this move could destroy the EU as an institution based on the rule of law.